We're buyers towards 1.21460. | 29 Noviembre 2022
29 Noviembre 2022, GBP/USD
Wave Analysis
Instead of continuing to the upperside as previously forecasted, the British pulled back to the lowerside and is now around a significant supportive level 1.19494. This is a key level and while the price does not break and below it, we are waiting for a rebound from it to pick a possible long term buy position towards 1.21460 and may likely extend much higher. On this chart, we are looking for nothing buy orders unless the price breaks and closes below 1.19494.
Trade Recommendations:
We're buyers towards 1.21460.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
